Find the loss for a quality characteristic, Operation Management

Assignment Help:

A quality characteristic has a manufacturing specification (in cm) of 0.200 ± 0.05. Historical data indicate that if the quality characteristic takes on values larger than 0.25 cm or smaller than 0.15 cm, the product fails and a cost of $75 is incurred. Based on this data, answer the questions below and show all work: a. Determine the Taguchi Loss Function b. Estimate the loss for a quality characteristic of 0.135 cm.


Related Discussions:- Find the loss for a quality characteristic

Customisation - customers needs for a product, Customisation - Customers Ne...

Customisation - Customers Needs For a Product The ability of the operations system to tailor its outputs to meet special requirements of customers. Vision Express has taken a

Explain generating positive organizational behaviour, One of the constants ...

One of the constants in organizations is the presence of change. In almost all change scenarios, human behaviour is impacted. However, organizational members often resist change. W

Explain levels of management, Explain levels of management. Levels o...

Explain levels of management. Levels of Management: Industrial management has got the given activity levels: 1)  Top Management : this includes Board of Directors, Ma

Functions of product development team, How is anticipating a material requi...

How is anticipating a material requirement or need through purchasing's involvement on a new-product development team different from reacting to a purchase need?

How to formulate a linear programming model, George Johnson recently inheri...

George Johnson recently inherited a large sum of money; he wants to use a portion of this money to set up a trust fund for his two children. The trust fund has two investment optio

Describe presence of an outside threat correlates, Some people argue that t...

Some people argue that the presence of an outside threat correlates with high degree of team cohesion. Would you agree or disagree?

Material Requirements planning, Material Requirements planning is more than...

Material Requirements planning is more than Inventory system "discuss

Explain competitive and profitable, How would you respond to Coca Cola's ch...

How would you respond to Coca Cola's change in sales policy? How would you ensure Pepsi's board that this response will allow you to remain competitive and profitable?

Hospital management requirement, The local hospital's emergency department ...

The local hospital's emergency department has 5 trauma bays. On average, patients requiring a trauma bay arrive every 50 minutes (with a coefficient of variation of 1, no seasonali

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd